NWFL Multifamily Portfolio 2 Multifamily Properties Offered at $11,172,750 in Multiple Locations

Rare opportunity to acquire a three-property multifamily portfolio across strong Florida Panhandle markets, offering immediate in-place income with clear upside potential.
The portfolio currently includes 644 W Caladium, Palm Court, and Deerwood Apartments, featuring a diverse unit mix, stabilized occupancy, and recent capital improvements throughout. Several assets have undergone significant interior and exterior upgrades, including roofing, systems, and unit renovations, helping reduce near-term capital expenditure needs.
Notably, 240 Harmon (Magnolia Cove) is currently under contract, further validating investor demand for quality multifamily assets in the portfolio. Ownership is continuing to accept and consider backup offers on Magnolia Cove.
Ownership recently implemented strategic price adjustments to better align with current market conditions, resulting in a substantial increase in investor activity, property tours, and qualified buyer discussions.
Highlights Include:
• Strong in-place cash flow with additional upside potential
• Proven rental demand and stabilized operations
• Recent capital improvements, including a major roof replacement at 644 W Caladium
• Opportunity for portfolio efficiencies and economies of scale
• Flexible acquisition structure with assets available individually or as a package
Important Notes:
Certain assets within the portfolio are subject to existing financing that may require loan assumption or defeasance and should be considered during underwriting.
Ownership is motivated and actively engaged with qualified buyers, with a preference for clean terms and strong execution.
Properties may be acquired individually or as a portfolio package, depending on buyer objectives and structure.